Tamar News

Lebanon Set to Spud Its First Offshore Well

Feb 26, 2020

Lebanon's much-delayed search for offshore oil and gas is set to begin on Thursday with the results from its first exploratory well expected in the next two months, the chairman of the Lebanese Petroleum Administration (LPA) said on Wednesday…

Leviathan Gas Flows to Egypt

Jan 15, 2020

Gas from the Leviathan gas field offshore Israel has started flowing to Egypt, Delek, a partner in the giant development, has said.The $3.6 billion development operated by US-based Noble Energy started producing gas in the last week od December 2019…

Delek Expects Leviathan Expansion FID in 2020

Feb 03, 2020

Israel's Delek Drilling expects a final investment decision this year on expanding exports from the Leviathan gas field using either an LNG facility in Egypt or a floating terminal, its CEO said on Monday. The offshore Leviathan project came…

Leviathan Delivers First Gas

Dec 31, 2019

Israel's $3.6 billion offshore Leviathan field started production on Tuesday, paving the way for multi-billion dollar gas export deals with Egypt and Jordan in the coming weeks.Natural gas began flowing from Israel's largest field despite regulatory…

In Namibia, Eco Atlantic Plots Journey Ahead

Nov 21, 2019

Oil and gas exploration and production company Eco Atlantic appears determined to make a breakthrough in its underexplored Namibian offshore assets after preliminary works in preparation for a deep dive it expects to take in the four offshore permits as early as October next year…

Leviathan on Track for December Startup

Nov 10, 2019

The mega Leviathan gas field offshore Israel is on track to begin production in December, ahead of schedule and below budget, operator Noble Energy said.The Leviathan project is 96% complete after production decks were installed on the jacket in the third quarter…

Energean Snaps Up Four Israeli Licenses

Jul 31, 2019

Israel-focused Greek oil and gas group Energean was awarded four new Israeli offshore licenses in the so-called Exclusive Economic Zone, the company said on Wednesday.'Energean has identified a prospect within Zone D analogous to the prolific Tamar Sand fields (Karish…

Eastern Med Heats Up

Jul 22, 2019

Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…

Delek to Start Exporting Gas to Egypt Soon

Jun 03, 2019

Israel's Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior company executive said on Sunday.Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15…

Ithaca Buys Chevron's UK North Sea Fields

May 30, 2019

Israel's Delek Group moved closer to listing its Ithaca Energy subsidiary on Thursday by buying most of Chevron's British North Sea oil and gas fields for $2 billion.Under pressure from a fall in oil prices to near 14-year lows of $26 a barrel in 2016…

Drilling Down Deep

Apr 25, 2019

Deepwater drilling is back and targeting ever deeper waters, from South Africa to Pakistan.Deepwater exploration is starting to get serious, again. If fact, French oil major Total is lined up to drill what will be a new deepwater drilling record later this year…

Israeli Vote Will Not Affect Offshore Auction

Mar 14, 2019

Israel's offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country's upcoming general elections, Energy Minister Yuval Steinitz said in an interview.Israelis will head to the polls on April…

Leviathan Subsea Equipment Completed

Feb 13, 2019

Houston based Trendsetter Engineering said it has finished building a range of subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field under development in the Eastern Mediterranean Sea off the coast of Israel…

Delek Drilling to Spin Off Tamar Stake

Nov 19, 2018

Israel's Delek Drilling is looking to spin off its remaining 22 percent stake in the offshore Tamar gas field in 2019, the company's chief executive said on Monday.Last year Delek spun off an initial 9.25 percent of Tamar into a new company in Tel Aviv called Tamar Petroleum…

Lebanon 2nd Offshore Licensing Announced

Dec 23, 2018

The Ministry of Energy & Water in Lebanon together with the Lebanese Petroleum Administration announced via their website the recommended blocks for bidding during the Lebanese 2nd licensing round for hydrocarbon exploration offshore Lebanon…

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